https://www.taxtmi.com/caselaws?id=406216 The appeal was dismissed by the Ld. CIT(A) as barred by limitation due to a delay in filing. The assessee sought condonation of delay citing oversight, but the Ld. CIT(A) found no reasonable cause for condonation. The Tribunal directed the Ld. CIT(A) to condone the delay, allowing the appeal in favor of the assessee on the grounds of disallowance of depreciation. This case emphasizes the importance of condoning delays to ensure substantial justice and highlights the need for fair opportunities for parties to present their cases. en-us Thu, 25 Feb 2021 00:00:00 +0530 Fri, 09 Apr 2021 07:57:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406216 The appeal was dismissed by the Ld. CIT(A) as barred by limitation due to a delay in filing. The assessee sought condonation of delay citing oversight, but the Ld. CIT(A) found no reasonable cause for condonation. The Tribunal directed the Ld. CIT(A) to condone the delay, allowing the appeal in favor of the assessee on the grounds of disallowance of depreciation. This case emphasizes the importance of condoning delays to ensure substantial justice and highlights the need for fair opportunities for parties to present their cases. Case-Laws Income Tax Thu, 25 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406216